CMS Info Systems FY26 EBITDA Margin Dips to 24.1%

CMS Info Systems reported a difficult FY26 with EBITDA margin contracting to 24.1% from 26.1% due to consumption slowdown and SBI contract delays.
The company executed strategic acquisitions of Securens (₹75 Cr) and FSS Managed Services (₹115 Cr) to consolidate market position in Vision AI and banking services.
Q4 FY26 showed recovery with services revenue reaching ₹609 Cr and EBITDA margin improving 280 bps QoQ to 25.6%.
FY27 guidance projects services revenue of ₹2,700-2,800 Cr with EBITDA margin trending above 25%, supported by ₹2,000 Cr+ contracted order book.